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Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 3

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

GBP to CAD Exchange Rate Tumbles as Fears of No-Deal Brexit Return

15 May 2019 at 4 PM - Written by Ben Hughes

Despite a lack of particularly supportive Canadian data in recent sessions, the British Pound to Canadian Dollar (GBP/CAD) exchange rate continues to tumble as Brexit uncertainties keep worsening while Canadian Dollar investors remain hopeful that the Bank of Canada (BoC) will avoid taking a dovish tone on monetary policy. While last week’s GBP/CAD slump from 1.7680 to 1.7436 was limited due to fresh US-China trade war fears,...

CATEGORIES: Pound Canadian Dollar Forecasts

EUR to GBP Exchange Rate Boosted by Germany’s Return to Growth and Steady Eurozone Data

15 May 2019 at 4 PM - Written by John Cameron

The Euro has risen against the Pound (EUR/GBP) today and is up around 0.4%, hitting £0.8716 as the latest Eurozone growth figures revealed a steady if unimpressive expansion of 0.4% in Q1. On the other side of the pairing, news that UK Prime Minster Theresa May is planning to reintroduce her thrice-defeated Brexit withdrawal bill to Parliament in early June failed to enthuse Sterling investors, who decided to back the Euro...

CATEGORIES: Euro Pound Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Slides as Japanese Construction Orders Rise

15 May 2019 at 2 PM - Written by John Cameron

GBP/JPY Exchange Rate Falls on Lack of Cross-Party Brexit Consensus The Pound Japanese Yen (GBP/JPY) exchange rate is down by 0.8% today and is currently trading around ¥140.4130 on the inter-bank market. The Japanese Yen (JPY) rose against the Pound (GBP) following the publication of the Japanese construction orders figures for March, which jumped to 66.1%. Japanese flash machine tool orders figures for April, however,...

CATEGORIES: Japanese Yen Forecasts Pound Yen Forecasts

EUR to GBP Exchange Rate Advance Past Two Month Best Limited amid Fresh Italian Political Jitters

14 May 2019 at 5 PM - Written by Frank Davies

A combination of factors limited market demand for the Euro yesterday, making it more difficult for the Euro to British Pound (EUR/GBP) exchange rate to keep climbing past its recent two month highs. The pair did ultimately remain near its best levels though, due to Brexit jitters and mixed UK data weighing on the Pound. Last week was an impressive performance for EUR/GBP, as the pair opened the week at the level of 0.8505 and...

CATEGORIES: Euro Pound Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Sinks as Trump Says US-China Trade Deal Imminent

14 May 2019 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as Trump Eases US-China Trade Worries The Pound US Dollar (GBP/USD) exchange rate is down by 0.4% today and is currently trading around $1.2919. The US Dollar (USD) exchange rate rose against the Sterling following President Donald Trump’s announcement that the US and China would strike a deal, ‘when the time is right’. Trump tweeted: ‘China will be pumping money into their system and...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Muted a UK Female Unemployment Falls to Record Low

14 May 2019 at 12 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Flat as UK Unemployment Falls to 44-Year Low The Pound Sterling Australian Dollar (GBP/AUD) exchange rate edged down and the pairing is currently trading at an inter-bank rate of AU$1.8648. Data released on Tuesday revealed that the UK unemployment rate dipped to a 44-year low of 3.8% in the three months leading to March. Unemployment in the UK has not been lower since the...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Climbs as US-China Trade War Fears Return

13 May 2019 at 4 PM - Written by Toni Johnson

Sterling saw significant losses on fresh Brexit jitters last week, but broad weakness in the New Zealand Dollar last week meant that the British Pound to New Zealand Dollar (GBP/NZD) exchange rate only saw modest losses overall. The Pound rebounded slightly from its weekend lows today, and it was able to regain some of last week’s losses versus the still weak ‘Kiwi’. After opening last week at the level of 1.9822, GBP/NZD...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling Swedish Krona (GBP/SEK) Exchange Rate Rises as Brexit Cross-Party Talks Set to Continue

13 May 2019 at 11 AM - Written by John Cameron

Pound Swedish Krona (GBP/SEK) Exchange Rate Rises Ahead of Further Cross-Party Talks The Pound Sterling Swedish Krona (GBP/SEK) Exchange Rate rose and the pairing is currently trading at an inter-bank rate of 12.5509Kr. Speaking to the Guardian, Sir Keir Starmer, Shadow Brexit Secretary said that a cross-party Brexit deal will not get through Parliament unless there is a fresh public vote. Cross-party discussions...

CATEGORIES: Daily Currency Updates

GBP to ZAR Exchange Rate Sheds Last Week’s Gains as South Africa’s Ruling ANC has Election Win in Sights

10 May 2019 at 1 PM - Written by David Woodsmith

Despite fresh global trade fears hitting market demand for risk-correlated currencies like the South African Rand, the British Pound to South African Rand (GBP/ZAR) exchange rate has still seen significant losses over the past week and has shed essentially all the gains seen a week earlier. This has been due to Rand investors hoping for stability following the latest South African general election. After opening this week at...

CATEGORIES: Pound Rand Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Flat as UK Economy Rebounds in Q1

10 May 2019 at 10 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Muted as UK Manufacturing Growth at 30-Year High The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slipped and the pairing is currently trading at an inter-bank rate of AU$1.8591. Data released on Friday by the Office for National Statistics (ONS) revealed that the UK economy rebounded as expected during the first quarter of 2019. Preliminary GDP rose by 0.5% in...

CATEGORIES: Pound Australian Dollar Forecasts